LendingClub: Mispriced On Macro Fear, Not Fundamentals

Kurt Christensen916 FollowersFollow5ShareSavePlay(14min)CommentsSummaryLendingClub Corporation has seen a sharp stock decline, driven by guidance concerns and macro fears around private lending.LC continues to deliver strong growth in originations, revenue, and EPS, with Q4 revenue up 25% and EPS up over 300%.Valuation is compelling, with a forward PE of 7.98 and a PS of 1.48, as LC is priced well below industry averages despite robust growth outlook.I rate LC a buy, viewing the selloff as a buying opportunity given resilient fundamentals, conservative guidance, and minimal exposure to troubled private credit markets. Sandwish/iStock via Getty Images LendingClub Corporation (LC) has seen its stock price take a hit to start the year. The stock is down by nearly 30% to start the year. It tends to not just be one single item that drivesThis article was written byKurt Christensen916 FollowersFollowI am a graduate in finance. Currently working in international tax. A personal investor.Analyst’s Disclosure: I/we have a beneficial long position in the shares of LC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.